at the moment of releasing the code into the wild he expected the community to take over and include certain features when needed. i guess at some point in the future the core devs will probably make confirmations faster and decrease block rewards.
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well at this 10 dollars per year rate of rise it may take like 70 years to get there lol but things can happen and crisis may goes more away into this digital central or uncentral nervous system
things are most probably are going to change but we are going to be stuck at this price level for more time now. especially next year in 2016 when the block halving is about to happen, things are gonna change and market will get exciting again. don't expect too much from the halving. after a period of seeing the price go up we'll end up having the same issues as we have now. demand needs to be there. 50% less supply would just have a temporary effect.
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awww man. i got disappointing. when i read the topic of this post "Amazon is going to..." i though that they have already made their plans and started the ground work. but it looks like it was a false hope. but i will keep dreaming though... no need to dream. if amazon thinks they can benefit from allowing people to pay with bitcoin then they will surely add it. at this point they probably don't think it will give them a revenue boost beside the initial first weeks of accepting it.
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the problem for most people is patience. once they see they made 10-20% profit, they would probably take profits at that moment. only very few people are able to hold their coins for longer than a year.
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we're lucky to see the price go above $300, and even if it goes above $300, next challenge will be the price staying above that level. can't see $500 happen this year.
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It seems that stock clients can only go up to 732kb blocks. Miners/pools need to manually raise this limit, and that's what some did... While others have the limit on stock settings.
they could just make an announcement stating that miners need to raise the limit. it doesn't seem like a difficult task if you ask me.
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the future of bitcoin is being an to alternative various things, mostly such as storing value, making payments, transferring money from a to b. that's more than enough and quite reasonable.
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due to the volatility i would only do like 10% or so. with a much more stable price maybe 25% but that's it. 25% at most is more than enough for each kind of investment. rest stays on savings account.
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Any TA on the current pump?
he just did. he basically said it didn't break that major trend line so he would wait. however, I view it as a bullish impulse spike after a long period of being in a channel, so I think there's fair chances for it to rise further next week. obviously keep in mind there's constant downward pressure on bitcoin that won't decrease till the next halving. don't think it will go much higher than $260 which is already a decent price. if we manage to stay around the $250 level we should be happy with that. Same here, The price as of now is playing around the range of $240-250 but who knows what might happen, I will be glad if it will stable for this price for a while. why? we should always aim at going up, there is no stop station, only momentary rest for consolidating the new floor if we can move with 10 usd every two weeks it would be really good already of course it's better for every one to see the price go up all the time, but it doesn't work like that. traders give and take, not realistic to keep wishing the price to only go up.
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it's hard to predict, but those who want their money to be safe are wise to buy bitcoin. if they go back to their old currency it will be a big disaster for them. i would definitely get myself bitcoin if i were a greek.
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Bitcoin will increase in the next 2 mouths I have a system but I don't have the necessary money I know you already here a lots of system but nah Every one is different.
increase a little and then dumping again? sucks manipulation market now, bitcoin price like a trap. some people thinking price will up and it not will happen. price stable in 6 month i like the stability. this gives people more confidence. manipulation happens all the time, not just now. without manipulation bitcoin trading would be a lot more boring. and trading of stocks and such in general.
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You are trying to cause panic so you can buy more at low price?
what panic are you talking about? op says it will go down to $230 which isn't that bad of a prediction. even if it does go to $230 that's just a few bucks less than we are now.
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people who use online storage as cold wallet are utterly stupid. don't know why any person would still do so after plenty of hacks.
Using online storage as cold storage? I am hearing this for first time. Try to make your sig spam better by thinking before posting or you will be banned. i'm not spamming. i meant to say that people are stupid if they store all their coins in online wallet services like blockchain.info instead of storing them offline. if you just made an effort to think before posting you would have figured that out.
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the only thing i would wish bitcoin to have is having faster confirmation times. as probably a lot people would want to see. i hope it will become reality at some point in the future.
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It still baffles me how high on the crypto list litecoin is, why? Just cause it was early and everyone is stuck with their hundreds of radeons?
as long as exchanges generate decent enough volume from litecoin, it will get support. and it does generate good volume, especially considering it is an altcoin.
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Just apply for the skrill debit card and cash out the money @ any atm asap you got funds for bitcoins , so you can lower the risk to be charged back
don't they have a policy regarding such cashout actions? they promise chargebacks, how can they still claim they do as people can simply cashout as soon as they get it?
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it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.
50 years is a long time with plenty of inflation to go too. Who knows what wonders are yet to emerge and who might corner their market? If some little fella in his garage comes up with a guaranteed way to reawaken your dead loved ones or extend your life by 100 years, there's a pretty hefty market for that. that's the thing, we don't know that. just realistically thinking from current point is that some one reaching trillionaire status is very very far away. maybe not even reachable, if ever.
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Any TA on the current pump?
he just did. he basically said it didn't break that major trend line so he would wait. however, I view it as a bullish impulse spike after a long period of being in a channel, so I think there's fair chances for it to rise further next week. obviously keep in mind there's constant downward pressure on bitcoin that won't decrease till the next halving. don't think it will go much higher than $260 which is already a decent price. if we manage to stay around the $250 level we should be happy with that.
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We need a financial powerhouse nation to declare Bitcoin neutrality, like Switzerland... always a safe haven for currency!!
they could. basically any country could do so. but why bitcoin instead of their own digital currency where they can have full control of everything?
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people who use online storage as cold wallet are utterly stupid. don't know why any person would still do so after plenty of hacks.
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